CBRE brokers lease between QVC & Sares-Regis at 1.05m s/f distribution center
WAYNE, PA — CBRE, Inc. has brokered a lease between QVC, the world’s leading video and e-commerce retailer, and Sares-Regis Group to occupy a 1.05 million s/f distribution center in Ontario, California. Sares-Regis is currently developing seven premium LEED-certified distribution buildings on a recently acquired 150–acre site.
QVC will occupy the largest of seven buildings on the campus, which will represent their first West Coast distribution hub. State and local officials in California were instrumental in facilitating the deal. Mike Barker of CBRE’s Wayne, PA office, and Erik Wanland and Jay Dick from CBRE’s Ontario, CA office, represented QVC in the lease.
“California Governor Jerry Brown, the County of San Bernardino, and the Ontario government and staff were instrumental in our decision to select this site,” said James Reid, vice president of distribution operations at QVC. “QVC looks forward to working with local business and government officials, and becoming an active part of the Ontario community.”
“We are honored that QVC chose California for the location of their new state-of-the art facility and look forward to continuing to help them expand in the Golden State,” said Mike Rossi, senior advisor for jobs and business development to Governor Brown.
“QVC applied and was awarded a California Competes tax credit that has proven to be a valuable recruitment tool to attract global companies to California.”
Over the past 28 years, QVC has shipped more than 1.7 billion packages in the United States. The new facility, set to begin operation in the third quarter of 2016, will accommodate approximately 20% of QVC’s total U.S. business. Its current distribution facilities are located in Suffolk, Virginia; Lancaster, Pennsylvania; Rocky Mount, North Carolina; and Florence, South Carolina. The existing distribution network has shipped more than 570,000 units in a single day.
“At QVC, distribution plays a significant role in enriching the customer service experience. For each and every product we ship, we look at it as an opportunity to build trust, loyalty and engagement with our customers,” said James Reid, vice president of distribution operations at QVC. “This new distribution center will enable us to efficiently and swiftly serve our customers throughout the Western United States.”
“I am excited to welcome QVC – the world’s leading video and ecommerce retailer – to the City of Ontario,” Mayor Paul S. Leon said. “The addition of QVC’s West Coast distribution center furthers the City Council’s goal to invest in growth that will continue to drive the City’s economy.”
The new LEED-certified facility will utilize high efficiency systems for lighting, heating and cooling and will feature a 250 kW solar array on its rooftop. The West Coast distribution center will also lower the company’s use of trucking by more than 10 million miles annually, leading to a reduction of more than 35 million pounds of CO2 emissions per year.